{"id":9568,"date":"2012-04-02T15:47:33","date_gmt":"2012-04-02T13:47:33","guid":{"rendered":"http:\/\/www.myza.co.za\/04\/s-africas-rand-firms-bonds-muted\/"},"modified":"2012-04-02T15:47:33","modified_gmt":"2012-04-02T13:47:33","slug":"s-africas-rand-firms-bonds-muted","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/s-africas-rand-firms-bonds-muted\/","title":{"rendered":"S.Africa&#8217;s rand firms, bonds muted"},"content":{"rendered":"<p>\t\t<span><\/span><\/p>\n<p>* Rand steady ahead of PMI<span><\/span><\/p>\n<p><span><\/span><\/p>\n<p>* Quiet morning session for bonds<\/p>\n<p><span><\/span><\/p>\n<p>* Currency should drift to towards 7.60s<\/p>\n<p><span><\/span><\/p>\n<p>JOHANNESBURG, April 2 (Reuters) &#8211; South Africa&#8217;s rand firmed<br \/>\nslightly along with other commodity currencies against the<br \/>\ndollar on Monday, as positive Chinese factory data put an ease<br \/>\nto fears of a hard landing for world&#8217;s second-biggest economy.<\/p>\n<p><span><\/span><\/p>\n<p>The rand was trading at 7.6403 to the dollar at<br \/>\n0613 GMT, 0.18 percent firmer than Friday&#8217;s close of 7.657.<\/p>\n<p><span><\/span><\/p>\n<p>Purchasing Managers&#8217; Index data released in several<br \/>\ncountries around the world later on Monday will likely shed more<br \/>\nlight on the performance of the global economy.<\/p>\n<p><span><\/span><\/p>\n<p>South Africa&#8217;s March Kagiso Securities PMI is due for<br \/>\nrelease at 0900 GMT. Last month it jumped to a two-year high of<br \/>\n57.9 in February from 53.2 in January due to robust seasonally<br \/>\nadjusted business activity and new sales orders indices.<\/p>\n<p><span><\/span><\/p>\n<p>&#8220;The rand is a tad stronger, the numbers in China is<br \/>\nprobably to some extent encouraging for emerging markets,&#8221; said<br \/>\nIon de Vleeschauwer, a trader at Bidvest Bank.<\/p>\n<p><span><\/span><\/p>\n<p>China&#8217;s official PMI jumped to an 11-month high as a stream<br \/>\nof new orders lifted activity, easing fears for a hard<br \/>\nlanding.<br \/>\n\u00a0 <span class=\"label\"><strong>Continued&#8230;<\/strong><\/span><\/p>\n<p><span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>* Rand steady ahead of PMI * Quiet morning session for bonds * Currency should drift to towards 7.60s JOHANNESBURG, April 2 (Reuters) &#8211; South Africa&#8217;s rand firmed slightly along with other commodity currencies against the dollar on Monday, as positive Chinese factory data put an ease to fears of a hard landing for world&#8217;s [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","ngg_post_thumbnail":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[830,2370,183],"class_list":{"0":"post-9568","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-south-africa","7":"tag-news","8":"tag-reuters","9":"tag-south-africa-2","10":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/9568","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/comments?post=9568"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/9568\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=9568"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=9568"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=9568"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}